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Residential demand for energy in light of changing solar prices

Author

Listed:
  • Bakhtavoryan, Rafael
  • Hovhannisyan, Vardges
  • Woerman, Matt

Abstract

The residential solar market has been growing steadily during the past decade, driven primarily by falling solar energy prices. This trend will indubitably continue into the near future, given the ever-improving solar panel energy-generating capacity and the resultant drop in solar energy costs. These unprecedented changes have major implications for solar energy consumption but also those of other energy sources and consumer welfare.

Suggested Citation

  • Bakhtavoryan, Rafael & Hovhannisyan, Vardges & Woerman, Matt, 2025. "Residential demand for energy in light of changing solar prices," Energy Economics, Elsevier, vol. 144(C).
    • Handle: RePEc:eee:eneeco:v:144:y:2025:i:c:s0140988325001756
    DOI: 10.1016/j.eneco.2025.108351
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    More about this item

    Keywords

    Residential energy demand; GEASI demand system; Pre-committed energy consumption; Residential solar energy;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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